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2374 FM 20 - Red Rock 13.5 ac Corner Site

13.5 Acres of Commercial Land in Red Rock, TX 78662

Executive Summary

HIGHLIGHTS
Location:
- Corner or FM 812 & FM 20
- 2374 FM-20 Red Rock, TX
- Bastrop County (Bastrop ISD)
Size: ± 13.5 acres
Frontage:
- ± 1,420 ft FM-20
- ± 320 ft on FM-812
Utilities:
- Bluebonnet Electrical Coop at street
- Aqua WSC (8" waterline at intersection)
- OSSF wastewater
- Adjacent 69 KVa substation
Rental Revenue: $6,250 / mo avg.
Property Taxes: $8,009.65 (2023)
- R76442 - $7,965.40
- R51102 - $41.55 (ag exempt)
Tax Incentive: Opportunity Zone
FEMA: No portion in FEMA floodplain
Zoning: None
Proximity:
- 18.4 mi to SH-130
- 11.6 mi to Hwy-71 (Bastrop)
- 15 mi to Hwy-183 (Lockhart)
- 21.7 mi to Hwy-183 (Luling)

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per AC
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Net Operating Income - -

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per AC $9.99
Other Income
Annual -
Annual Per AC -
Vacancy Loss
Annual -
Annual Per AC -
Effective Gross Income
Annual $99,999
Annual Per AC $9.99
Net Operating Income
Annual -
Annual Per AC -

Property Facts Under Contract

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Convenience Store
  • Restaurant
  • Self Storage
  • Trailer or Camper Park
  • Truck Stop
Total Lot Size 13.50 AC
Opportunity Zone Yes

1 Lot Available

Lot

Lot Size 13.50 AC

Ideal C-Store / market site sitting at the corner of FM-812 & FM-20 in Red Rock, TX. It’s comprised of a 2.49 ac corner parcel (Bastrop CAD R76442) and an approx. 11 acre parcel to be subdivided (R51102), summing to approx. 13.5 acres.

Description

Ideal C-Store / market site sitting at the corner of FM-812 & FM-20 in Red Rock, TX positioned in between Bastrop, Lockhart, Luling and East Austin (COTA). It’s comprised of a 2.49 ac corner parcel and an approx. 11 acre parcel to be subdivided, summing to approx. 13.5 acres. This listing is located in a Texas Opportunity Zone with no portion of the property in the flood plain. The property includes an operating restaurant (El Borrego De Oro), 86 storage units, a house and RV pad.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 51102
  • 76442
Land Assessment
$262,837
Improvements Assessment
$257,864
Total Assessment
$520,701

zoning

Zoning Code None (Unincorporated community of Red Rock, TX. Bastrop County.)
None (Unincorporated community of Red Rock, TX. Bastrop County.)
  • Listing ID: 32084894

  • Date on Market: 6/10/2024

  • Last Updated:

  • Address: 2374 FM 20, Red Rock, TX 78662

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